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TITLE(s): MORTGAGE LOAN PROCESSOR (financial) Verifies, compiles, and types application information for mortgage loans: Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment. Recommends that loan not meeting standards be denied. Calls or writes credit bureau and employer to verify accuracy of information. Types loan application forms, using computer. Calls specified companies to obtain property abstract, survey, and appraisal. Informs supervisor of discrepancies in title or survey. Submits mortgage loan application file for underwriting approval. Types and mails approval and denial letters to applicants. Submits approved mortgage loan file to MORTGAGE LOAN CLOSER (financial) 249.362-018 for settlement. Records data on status of loans, including number of new applications and loans approved, canceled, or denied, using computer. GOE: 07.05.02 STRENGTH: S GED: R3 M3 L3 SVP: 5 DLU: 88 ONET CROSSWALK: 53121 Loan and Credit Clerks |
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CODE: 249.362-022 Buy the DOT: Download
TITLE(s):
MORTGAGE LOAN PROCESSOR (financial)
Verifies, compiles, and types application information for mortgage loans: Reviews residential loan
application file to verify that application data is complete and meets establishment standards,
including type and amount of mortgage, borrower assets, liabilities, and length of employment.
Recommends that loan not meeting standards be denied. Calls or writes credit bureau and employer to
verify accuracy of information. Types loan application forms, using computer. Calls specified
companies to obtain property abstract, survey, and appraisal. Informs supervisor of discrepancies in
title or survey. Submits mortgage loan application file for underwriting approval. Types and mails
approval and denial letters to applicants. Submits approved mortgage loan file to MORTGAGE LOAN
CLOSER (financial) 249.362-018 for settlement. Records data on status of loans, including number of
new applications and loans approved, canceled, or denied, using computer.
GOE: 07.05.02 STRENGTH: S GED: R3 M3 L3 SVP: 5 DLU: 88
ONET CROSSWALK: 53121 Loan and Credit Clerks
© 1995 - 2015 Photius Coutsoukis and Information Technology Associates (All Rights Reserved). Revised 26-May-03